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Livestream: Watch Elon Musk at IAC2017 as he reveals Mars plan

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Here’s how you can watch a livestream of Elon Musk at IAC2017

After many months of teasers from Elon Musk and SpaceX, Musk is about to give a presentation on SpaceX’s updated Big Falcon Rocket, which is expected to one day bring humans to Mars and potentially even support a city-sized colony on the planet.

Musk’s 2016 presentation on the Interplanetary Transport System captured the imaginations of many people, kindling the sort of excitement he has always hoped to inspire. Sitting in the audience during his Guadalajara, Mexico talk, his esoteric desire to make people excited to get out of bed in the morning resonated with me.

Updated: Elon Musk teases SpaceX-built cities on the Moon and Mars

Nevertheless, we now find ourselves almost exactly one year after his 2016 talk, and many things are believed to have changed with both SpaceX’s interplanetary colonization strategy and the hardware the company expects to develop to accomplish that colonization. Musk has said that tonight’s presentation will focus on the how of SpaceX’s Mars colonization efforts, entailing a somewhat smaller booster and spaceship with “major improvements”, as well as some “unexpected applications” for the vehicle.

What exactly those unexpected applications might be is fittingly unclear, if they are indeed less than obvious. More obvious applications for a fully-reusable heavy launch vehicle include

  • More affordable access to orbit
  • Mass launches of satellite constellations
  • Off-the-shelf access to the surface of the Moon
  • Space tourism in Earth orbit
  • Cheaper and simpler space stations in a single launch
  • Direct and rapid access to the Outer Solar System for more complex planetary exploration missions

These are just a handful of the potential uses and benefits that could be derived from a fully-reusable heavy launch vehicle like the Big Falcon Rocket (BFR). Unexpected or not, the near-Earth utility of a theoretical BFR is undeniable.

Aside from additional information on those unexpected applications, we can expect several exciting tidbits. Musk has teased new and improved videos of their Raptor rocket engine conducting live-fire tests, and we also have reason to believe that his talk will be accompanied by an equally slick and thrilling collection of renders of the updated BFR in action. Mirroring last year’s rather shocking unveiling of physical hardware development in the form of Raptor’s first test fire and a massive carbon fiber propellant tank, I personally expect to see confirmation of still more tangible hardware development.

A growing amount of recent news pointing to Boca Chica, Texas as the first launch site for SpaceX’s massive new rocket may also lead to an official statement from Musk himself either confirming or denying this, maybe accompanied by a tentative schedule for pad development. Regardless of what is revealed, tonight’s presentation is bound to be yet another exceptional opportunity to hear Musk wax poetic about SpaceX’s desire to make humanity a multiplanetary species.

We’ve embedded a livestream of Elon Musk’s upcoming presentation SpaceX IAC2017 presentation scheduled to begin at the following times:

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  • Friday at 2 p.m. Australian Central Standard Time
  • 12:30 p.m. China Standard Time
  • 6:30 a.m. Central European Standard Time
  • 5:30 a.m. British Summer Time
  • 12:30 a.m. Eastern Daylight Time
  • Thursday at 9:30 p.m. Pacific Daylight Time

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Elon Musk

Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines

The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.

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Credit: xAI/X

xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters. 

The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.

xAI’s turbine deal details

News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.

As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X. 

xAI’s ambitions 

Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”

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The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website. 

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Elon Musk

Elon Musk’s xAI closes upsized $20B Series E funding round

xAI announced the investment round in a post on its official website. 

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Credit: xAI

xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. 

xAI announced the investment round in a post on its official website. 

A $20 billion Series E round

As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others. 

Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.

As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”

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xAI’s core mission

Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.

xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5. 

“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote. 

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Investor's Corner

Tesla gets price target bump, citing growing lead in self-driving

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Credit: Tesla

Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.

On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.

CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst

“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”

The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.

Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.

Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.

Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.

Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:

“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”

Tesla analyst breaks down delivery report: ‘A step in the right direction’

Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.

Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.

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